With the core of Altus House completed and floor plating to level 14 achieved the project is comfortably on schedule for a June 2021 handover. The building is ready for the creation of walls to common areas, with flats on the lower levels of the building able to support the first fix of mechanical and electrical services and bathroom pods.
Olympian Homes has completed a forward funding deal with a GDV of £194m with iQ Student Accommodation for the delivery of 1,952 student beds in Leeds and Coventry. The two developments will bring high quality accommodation to these two thriving student cities, broadening the range of options available to those choosing Leeds and Coventry for their academic studies.L
Olympian Homes has acquired Hume House in Leeds city centre which is set to become one of the tallest buildings in England outside of London. Located in the Arena Quarter on Tower House Street, the building joins an emerging cluster of iconic buildings which are set to regenerate this corner of the City Centre.
Construction work has already started on the 255,000 sq ft, 37-storey building that will provide 752 bedrooms of purpose-built student accommodation, along with a roof terrace on the 35th floor to take advantage of the panoramic views across the city. The scheme will be completed in June 2021 and open for the 2021/22 academic year. It will be iQ’s third development in the city.
Olympian Homes has also acquired land along Lamb Street in Coventry city centre to deliver 1,200 bedrooms of purpose-built student accommodation. The 371,000 sqft development consists of three buildings and will be delivered in two phases.
Phase 1 will deliver 823 student bedrooms and includes a 20 storey tower on the junction of Bishop Street and Lamb Street. The scheme will be completed in July 2020 and open for the 2020/21 academic year.
RG Group has been appointed as the main contractor for both projects, which have been designed by O’Connell East Architects.
Simon Murray-Twinn, Chief Executive Officer of Olympian Homes, said:
“We are extremely proud to have iQ Student Accommodation as our partner for the projects and have worked closely together in partnership to design two very bespoke buildings that are unique and tailor-made to each market. We are looking forward to creating an iconic building in each city, both of which are centred on iQ’s philosophy to put the student experience at the forefront of design and living.”
Iliya Blazic, Chief Investment Officer at iQ Student Accommodation, commented:
“We are delighted to have completed this deal with Olympian. Leeds and Coventry are both vibrant student cities which have seen demand for university places grow in recent years. This will be our first scheme in Coventry, and third in Leeds, further investing in these key student growth markets and bringing a range of high-quality, well-located accommodation to students.
“We will now be providing homes for 2,364 students in Leeds, and expanding our relationship with university partners – some of whom we’ve worked alongside for many years. Our entry into Coventry will allow us to serve both Warwick University and Coventry University and we look forward to providing thousands of students with high quality, safe homes from which to make the most of their university years.”
Works have commenced today at Lamb Street, Coventry. The completed first phase of the development will deliver 823 bedrooms of purpose built student accommodation, along with a roof terrace on the 17th floor which will take advantage of the uninterrupted views across the city. RG Construction has been engaged as the main contractor. Works are scheduled to complete in time for the 2020/21 academic year.
Coventry City Council has granted approval for the reserved matters application for Lamb Street
The 19 storey building located on Lamb Street, will provide 823 bedrooms of purpose built student accommodation in the first phase, along with a roof terrace on the 17th floor which will take advantage of the uninterrupted views across the city. Works on site are expected to begin in Q4 2018.
Olympian submitted a reserved matters application today for a 19 storey purpose-built student accommodation scheme in Coventry City Centre.
The proposed application provides 1,200 cluster and studio bedrooms and will offer residents a wide range of amenity across three buildings. Olympian are targeting a start on site later this year with a first phase completion due for the 2020/21 academic year.